Focused Execution and Growth: Our Direction for 2026

As we step into 2026, we do so with clarity of purpose and confidence earned through delivery. The global landscape across energy, maritime, defence, and manufacturing demands more than just ambition; it demands resilience, execution and outcomes. At RusselSmith, we enter this year strengthened by experience, grounded in values, and fully committed to delivering measurable results for the customers, partners, and communities we serve.
Progress Through Performance
2025 was a year of disciplined performance and market validation. We strengthened market confidence through significant financial milestones; attaining investment grade status, reflected in our credit ratings, successfully issued our first commercial paper as approved by FMDQ, and fully repaying our Series 1 CP programme, with all payments delivered to investors within the agreed timeline. This disciplined approach to capital management underpins our credibility and positions us for sustainable growth.
Beyond financial performance, we earned recognition for our commitment to sustainable and responsible manufacturing, boosted our operational capacity through investments in operational assets and talent, expanded our global footprint through strategic partnerships, and strengthened our leadership team. These achievements matter not as endpoints, but as foundations for what comes next.
Our Direction for 2026
This year represents a deliberate shift towards consolidation and intentional growth. We will sharpen our focus on three core priorities:
Operational Excellence: Building resilient systems that deliver consistent quality across our energy, maritime, defence, and additive manufacturing operations.
Innovation with Impact: Investing in technologies and solutions that solve real problems for our customers through practical advances that improve efficiency, reduce costs, and create competitive advantage.
Responsible Growth: Expanding our capabilities and market presence whilst maintaining the financial discipline, environmental stewardship, and ethical standards that define our reputation.
What This Means for You
For our customers, this focus translates into more reliable solutions, faster response times, and partnerships built on delivery, not just promises. For our investors, it means disciplined capital allocation, transparent performance measurement, and sustained value creation. For our partners and communities, it signals a company that honours its commitments and operates with integrity.
Moving Forward
We continue to strengthen our organisational culture around resilience, innovation, social impact, and empowerment. These values will continue to guide both our decisions and our relationships with stakeholders. Operationally, we remain focused on ownership, responsiveness, and accountability in everything we deliver.
The journey continues, grounded in what we have learned and strengthened by what we have achieved. To our employees, partners, customers, and other stakeholders: your trust challenges us to be better, sharper, and more deliberate in everything we do.
We enter the new year with a greater sense of purpose, ready to deliver on our commitments, confident in our capabilities, and grateful for the partnership that makes progress possible. Let us make 2026 a year of shared progress. Connect with us to partner, collaborate, and deliver solutions that strengthen resilience and sustainable development.
Kayode Adeleke
Chief Executive Officer
RusselSmith